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$900,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 4 Car Garage
  • Updated 8 hours ago
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Exceptional opportunity to acquire a solid brick vintage 4-unit full occupancy in highly desirable Oak Park, a transit oriented submarket known for stable tenancy and longterm appreciation. Located just off 290, this classic 1925 building sits on an oversized 50x125 lot and features four spacious 2 bed/1bath units with timeless character-original hardwood floors, tall ceilings, vintage trim, ceiling fans, and abundant natural light throughout. Each unit includes a full appliance package with stove, refrigerator, dishwasher and pantry, supporting strong tenant demand and easy leasing. Updated kitchens and baths. All units occupied, offering stable income. A full unfinished basement provides excellent storage capacity and potential for expanded laundry or future value added improvements. The property also includes a rare 4 car detached garage plus an additional exterior space, creating additional income and enhancing overall return. Outdoor amenities include a rear porch perfect for tenant seating and a fully enclosed wooden privacy fence, increasing tenant appeal and longterm retention. Tenants pay electric and gas, reducing operating exposure and supporting stronger net performance. With a 6.7% CAP rate built on strong annual rental income and minimized operating expenses, this asset delivers the fundamentals investors seek. Stable cash flow, low vacancy risk, and multiple avenues for value creation in one of Oak Park's most desirable rental corridors. Property being sold as-is.

Full Property Details for 17 Garfield St

General

  • Price: $900,000
  • HOA FEE: $1,200
  • Taxes: $16,658 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12662198
  • Updated: 7/1/2026
  • Added to Site: 13 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4
  • Bathroom Features: Soaking Tub

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Equipment: Ceiling Fan(s)
  • Other Features: Commuter Bus, Commuter Train

Exterior

  • Exterior Features: Lighting

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Total Spaces: 5
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Side Apron, Owned, Garage

Location

  • Area: Oak Park
  • County: Cook
  • Township: Oak Park
  • Driving Directions: Austin Blvd to Garfield west to building

School Information

  • School District: 97
  • Elem School District: 97
  • Midd School District: 97
  • High School District: 200

Heating & Cooling

  • Heating Type: Radiant

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan
  • Trash: 3300

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Model: 4 Unit
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Year Built: 1925
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Manufactured Home

  • Model: 4 Unit

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 50 x 125
  • Fence: Yes
  • Zoning: MULTI
  • Fencing (Description): Fenced

Financial Considerations

  • Maint. Fee: $1,200
  • Insurance Fee: $2,800
  • Parking Included: Yes
  • Assessment Year: 1925
  • Tax Amount: $16,658.83
  • Tax Year: 2025
  • Pays Electric: 360
  • Pays Trash: 3300
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16173150020000

Listed by Illinois Discount Realty

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— 17 Garfield St —

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Schools serving 17 Garfield St

School Districts:Oak Park Elementary School District 97, Oak Park and River Forest District 200
NameGradesDistance
Irving Elementary School, Oak Park, IL
1125 South Cuyler Avenue, Oak Park, IL 60304
K-50.4 mi
Percy Julian Middle School
416 South Ridgeland Avenue, Oak Park, IL 60302
6-80.9 mi
Oak Park & River Forest High School
201 North Scoville Avenue, Oak Park, IL 60302
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 17 Garfield St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/25/2026
Listed
$900,000
214.14%
MLS
7/12/1999
Sold
$286,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 17 Garfield St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,739
—
$48,977
-5%
2023
$16,739
7%
$51,345
26%
2022
$15,654
3%
$40,766
—
2021
$15,254
-6%
$40,766
-9%
2020
$16,280
2%
$44,596
7%
2019
$15,982
4%
$41,658
—
2018
$15,383
-9%
$41,658
-11%
2017
$16,898
22%
$46,784
36%
2016
$13,845
12%
$34,399
—
2015
$12,405
—
$34,399
-7%
2014
$12,347
-6%
$36,845
-8%
2013
$13,103
-12%
$40,261
-12%
2012
$14,917
—
$45,851
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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17 Garfield Street, Oak Park, IL 60304 (MLS# 12662198) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 17 Garfield Street is currently listed for $900,000 and was received on June 25, 2026. Want to learn more about 17 Garfield Street? Do you have questions about finding other Multi-Family real estate for sale in Oak Park? You can browse all Oak Park real estate or contact a Coldwell Banker agent to request more information.

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